JETCENTER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
JETCENTER
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€803,443
2024 · €757,286+€46,157
Equity
€5.7m
2024 · €4.9m+€803,443
Cash
€112,365
2024 · €282,303-€169,938
Balance sheet total
€6.1m
2024 · €5.6m+€494,004
Largest movements
Assets
- Current investments +€650,000
up €650,000 (+65.0%), from €1.0m to €1.7m
- Stocks and contracts +€335,513
new in 2025: €335,513
- Tangible fixed assets -€313,302
down €313,302 (-7.6%), from €4.1m to €3.8m
of which Land and buildings: -€310,973
- Cash -€169,938
down €169,938 (-60.2%), from €282,303 to €112,365
mainly Current investments (-€650,000) and Stocks and contracts (-€335,513)
Equity and liabilities
- Reserves +€803,443
up €803,443 (+91.1%), from €881,908 to €1.7m
of which Distributable reserves: +€746,171
- Current portion of long-term debt -€234,375
down €234,375 (-100%), from €234,375 to €0
- Trade debts -€66,354
down €66,354 (-20.3%), from €327,378 to €261,024
Income statement
- Gross operating margin +€24,985
up €24,985 (+1.6%), from €1.5m to €1.5m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€757,286
Gross operating margin
+€24,985
Staff costs
-€6,739
Depreciation
+€7,949
Write-downs
-€7,341
Other operating charges
-€11,412
Financial income
+€5,973
Financial charges
+€3,360
Taxes
+€44
Deferred taxes and other
+€29,337
Result 2025
€803,443
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€714,437
Investment
-€650,000
Financing
-€234,375
Cash 2024
€282,303
From operations (derived)
+€714,437
Net result for the year
+€803,443
Depreciation
+€313,302
Stocks and contracts
-€335,513
Receivables within one year
+€3,290
Deferred charges and accrued income
+€4,980
Provisions
-€35,175
Trade debts
-€66,354
Tax, wage and social debts
+€20,300
Accrued charges and deferred income
+€6,165
Investment (derived)
-€650,000
Current investments
-€650,000
Financing
-€234,375
Current portion of long-term debt
-€234,375
Cash 2025
€112,365
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,624,054 | €6,118,058 | +€494,004 | +8.8% |
| Fixed assets | 21/28 | €4,102,224 | €3,788,923 | -€313,302 | -7.6% |
| Tangible fixed assets | 22/27 | €4,102,224 | €3,788,923 | -€313,302 | -7.6% |
| Land and buildings | 22 | €4,095,145 | €3,784,171 | -€310,973 | -7.6% |
| Plant, machinery and equipment | 23 | €7,080 | €4,751 | -€2,329 | -32.9% |
| Current assets | 29/58 | €1,521,829 | €2,329,135 | +€807,306 | +53.0% |
| Stocks and contracts in progress | 3 | - | €335,513 | +€335,513 | |
| Stocks | 30/36 | - | €335,513 | +€335,513 | |
| Amounts receivable within one year | 40/41 | €224,294 | €221,004 | -€3,290 | -1.5% |
| Trade receivables | 40 | €214,198 | €201,182 | -€13,016 | -6.1% |
| Other amounts receivable | 41 | €10,096 | €19,822 | +€9,726 | +96.3% |
| Current investments | 50/53 | €1,000,000 | €1,650,000 | +€650,000 | +65.0% |
| Cash at bank and in hand | 54/58 | €282,303 | €112,365 | -€169,938 | -60.2% |
| Deferred charges and accrued income | 490/1 | €15,232 | €10,252 | -€4,980 | -32.7% |
| Total equity and liabilities | 10/49 | €5,624,054 | €6,118,058 | +€494,004 | +8.8% |
| Equity | 10/15 | €4,881,908 | €5,685,351 | +€803,443 | +16.5% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Reserves | 13 | €881,908 | €1,685,351 | +€803,443 | +91.1% |
| Non-distributable reserves | 130/1 | €51,968 | €91,240 | +€39,272 | +75.6% |
| Legal reserve | 130 | €51,968 | €91,240 | +€39,272 | +75.6% |
| Tax-exempt reserves | 132 | €141,575 | €159,575 | +€17,999 | +12.7% |
| Distributable reserves | 133 | €688,365 | €1,434,536 | +€746,171 | +108% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €72,900 | €37,726 | -€35,175 | -48.3% |
| Deferred taxes | 168 | €72,900 | €37,726 | -€35,175 | -48.3% |
| Amounts payable | 17/49 | €669,245 | €394,981 | -€274,264 | -41.0% |
| Amounts payable after more than one year | 17 | €17,063 | €17,063 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €17,063 | €17,063 | = | 0.0% |
| Amounts payable within one year | 42/48 | €634,114 | €353,685 | -€280,429 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €234,375 | €0 | -€234,375 | -100% |
| Trade debts | 44 | €327,378 | €261,024 | -€66,354 | -20.3% |
| Suppliers | 440/4 | €327,378 | €261,024 | -€66,354 | -20.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €72,361 | €92,662 | +€20,300 | +28.1% |
| Taxes | 450/3 | €49,666 | €55,769 | +€6,103 | +12.3% |
| Remuneration and social security | 454/9 | €22,695 | €36,893 | +€14,197 | +62.6% |
| Accrued charges and deferred income | 492/3 | €18,068 | €24,233 | +€6,165 | +34.1% |
| Non-recurring operating income | 76A | €64,611 | €0 | -€64,611 | -100% |
| Remuneration, social security and pensions | 62 | €208,670 | €215,409 | +€6,739 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,251 | €313,302 | -€7,949 | -2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,341 | +€7,341 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €247,289 | €258,701 | +€11,412 | +4.6% |
| Gross operating margin | 9900 | €1,518,101 | €1,543,086 | +€24,985 | +1.6% |
| Operating profit (loss) | 9901 | €740,891 | €748,333 | +€7,443 | +1.0% |
| Financial income | 75/76B | €18,531 | €24,503 | +€5,973 | +32.2% |
| Recurring financial income | 75 | €17,316 | €24,383 | +€7,067 | +40.8% |
| Non-recurring financial income | 76B | €1,214 | €120 | -€1,094 | -90.1% |
| Financial charges | 65/66B | €6,887 | €3,527 | -€3,360 | -48.8% |
| Recurring financial charges | 65 | €6,887 | €3,527 | -€3,360 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €752,534 | €769,310 | +€16,776 | +2.2% |
| Transfer from deferred taxes | 780 | €5,838 | €35,175 | +€29,337 | +503% |
| Income taxes | 67/77 | €1,086 | €1,042 | -€44 | -4.1% |
| Profit (loss) for the period | 9904 | €757,286 | €803,443 | +€46,157 | +6.1% |
| Transfer from tax-exempt reserves | 789 | €11,337 | €12,881 | +€1,544 | +13.6% |
| Transfer to tax-exempt reserves | 689 | - | €30,881 | +€30,881 | |
| Profit (loss) for the period to be appropriated | 9905 | €768,623 | €785,443 | +€16,820 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.